If you are non-accredited and conservative, then in my opinion most of their options have too much risk and you will probably find other Crowdfunding/syndication deals a better match (like Blackstone real estate investment trust, BDREX etc).

@Mirzet Mehovic Everyone has their own opinions on what makes a deal a good deal, and I'm with you... $100 or $200 per door isn't much if you're talking about single family homes or small MF.

It seems that there's a lot of different fund raising activity out there and lots of different opinions on what compliance really is.

If you want a financial expert that knows something about real estate investment find a chartered alternate investment analyst (CAIA).In my personal opinion it is too easy to learn enough about what you need to invest in the market.  

Lots to consider and lots of opinions.

Also, talk to some local sales brokers for their opinions of value.My grandparents left their beach house to my Dad and his sister and they sold it...I was a teenager at the time, and if I had the means to have purchased it at the time, I would have.

Hi Ryan - At this point in the San Diego market, in my opinion I would not take negative cash flow and "speculate" only on appreciation with that type of timeline.

When phone screening: I like to ask people if they are familiar with the area the apartment is in, it tends to spark a conversation where people reveal things about themselves: good and/or bad. 

On a semi-related note, what's your opinion on selling one of the SFR and purchasing a duplex now instead?

Well....you know the drill....I'm not giving you legal or tax or even insurance advice but there were advantages for me in my opinion of owning some rental as a Sole Proprietor and I have the umbrella...I've never made a liability claim against any policy but, again, I have the umbrella.